Powerball's advertised $1.4 billion jackpot for Wednesday's drawing would be the sixth-largest prize in American lotto history. Expect more big paydays like this: Lottery prizes are predicted to soar even higher.
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The next Powerball winner (or winners) will be the 13th to claim a U.S. lottery prize with a stated value of more than $1 billion. The first billion-dollar prize was won in 2016, and there have been 11 prizes worth more than $1 billion since 2021.
That's because the respective organizers of Powerball and its rival, Mega Millions, have discovered that the way to get Americans rushing to buy ticke